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Air conditioning stocks have a major sales catalyst: Europe's massive heat wave
"A recent report by Inaba Denko, an air conditioning manufacturer, found that about 20% of European homes have air conditioning compared to more than 85% in the United States."

Yes, you read that right. Around 20% of European homes have air conditioning. For a long time, many Europeans questioned why American households have air conditioning. Some see it as "excessive" in terms of standard of living.

But ever since the heatwaves starting coming, more Europeans are starting to see the importance of having an AC.

Air conditioning companies like $WSO $CARR $FIX $AAON $JCI etc. will all see massive demand for their air conditioning units as more households in Europe start demanding them. With a high amount of savings among European consumers since the pandemic, many of them could be using it on installing an air conditioning system in their homes.

www.courthousenews.com
Britain bakes in record heat as high temps kill hundreds of Europeans
A heat wave smashed Great Britain's records as temperatures exceeded 104 degrees Fahrenheit for the first time. A bout of extreme heat has killed hundreds of people in Portugal and Spain.

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